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6-Unit Apartment Building
New
For Sale
$830,000

1401 E 46th St, Los Angeles, CA 90011

Corner-lot apartment property with gated entry, open-air parking, and individually metered gas and electricity.

Property Size3,186 SF
Days on Market7

Property Features for 1401 E 46th St

General Information

Standard status Active
Size 3,186 SF
Property subtype MULTI_FAMILY

Building Details

Building Size 3,186 SF
Year Built 1949
Listing Agency: Marcus & Millichap
Listed By: Sevak Keshishian · License #01887505
Source: Jademillsestates
Added: Aug 25 Changed: Aug 29 Last Checked: Aug 31 at 12:48AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap

Investment Insights

Based on property information with market context.

This six-unit apartment property at 1401 E 46th St includes approximately 3,186 SF of building area on a 6,557 SF corner lot. Built in 1949, the unit mix comprises two studios, three 2-bedroom/1-bath units, and one 3-bedroom/2-bath unit. One 2-bedroom unit is scheduled for delivery vacant, offering flexibility for leasing, renovation, or owner occupancy. The property also includes approximately five to six open-air parking spaces and gated access.

Gas and electricity are individually metered, placing consumption responsibility directly with residents. The property is zoned LAR2 and is reported to offer approximately 33% rental upside. Its location is one block south of Vernon Ave, one block west of Compton Ave, and one block from the Metro A Line. Ascot Elementary School is next door, with USC, BMO Stadium, Exposition Park, the Los Angeles Memorial Coliseum, and the Lucas Museum of Narrative Art nearby.

Key Highlights

  • Six‑unit layout with two studios, three 2‑bedroom/1‑bath units, and one 3‑bedroom/2‑bath unit
  • Approximately 3,186 SF building on a 6,557 SF corner lot
  • One 2‑bedroom unit to be delivered vacant

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Gym & Fitness Center Skin Care Clinic Bar & Pub

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,557
Businesses Nearby

Demographics for 90011, CA

102,308
Population
25,119
Households
4.1
Avg Household Size
30
Median Age
6%
College-Educated
43%
High-School Grad
4.3 sq mi
ZIP Area
23,793
Density / Sq Mi
$53,781
Median Household Income
$27,889
Median Earnings
$1,497
Median Rent
$575,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Corner-lot apartment property with gated entry, open-air parking, and individually metered gas and electricity.
Where is this apartment building located?
The property is located at 1401 E 46th St Los Angeles, CA.
What is the asking price?
The asking price for this property is $830,000.
What are key features of this property?
This property features: Six‑unit layout with two studios, three 2‑bedroom/1‑bath units, and one 3‑bedroom/2‑bath unit; Approximately 3,186 SF building on a 6,557 SF corner lot; One 2‑bedroom unit to be delivered vacant
More about this property
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